Economic shifts: Unification of Currency, Emergence of Big Businessmen (19 Apr 1861 Jahr – 30 Dez 1864 Jahr)

Beschreibung:

State currency/banks become obsolete; fed govt prints 'greenback' bills and notes.

BIG BOIS: Andrew Carnegie: iron and steel entrepreneur from Scotland | John D. Rockefeller: oil magnate (controlled 90% of industry) | Jay Gould and J. P. Morgan: financiers| Philip D. Armour: earned millions supplying beef to the Union army | IN COMMON: | avoided the draft by paying their way out | vertically integrated monopolies | very philanthropic, but also brutal to their workers |